Wells Fargo Portfolio holdings
Wells Fargo & Company, founded in 1852 by Henry Wells and William Fargo, is a major American financial institution headquartered in San Francisco, California, known for its extensive retail banking network and historical roots in the American West. Offering a wide range of services—including consumer banking, mortgages, wealth management, and commercial finance—it manages trillions in assets and serves millions of customers through thousands of branches and ATMs across the U.S. Despite its prominence, Wells Fargo faced significant scrutiny following a 2016 scandal involving millions of unauthorized accounts, leading to leadership changes and regulatory penalties, though it has since focused on rebuilding trust and enhancing digital banking capabilities. With a legacy tied to stagecoaches and a modern focus on diversified financial services, Wells Fargo remains a key player in the U.S. banking sector.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
iShares Short Maturity Bond ETF
NEAR
$4.85B
| $77.2M | 0.02% |
1,556,818
-115,343
| -7% | -$5.71M |
|
527
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $77.1M | 0.02% |
736,990
-25,379
| -3% | -$2.65M |
|
528
iShares MSCI USA Momentum Factor ETF
MTUM
$26.1B
| $77M | 0.02% |
554,113
-153,831
| -22% | -$21.7M |
|
529
D.R. Horton
DHI
$40.8B
| $76.3M | 0.02% |
781,121
-59,664
| -7% | -$5.69M |
|
530
Public Service Enterprise Group
PEG
$37.4B
| $76M | 0.02% |
1,217,104
+111,728
| +10% | +$6.77M |
|
531
American International
AIG
$42.4B
| $75.8M | 0.02% |
1,504,303
-245,243
| -14% | -$14.3M |
|
532
Vanguard Consumer Discretionary ETF
VCR
$6.24B
| $75.4M | 0.02% |
298,605
+1,999
| +0.7% | +$487K |
|
533
Yum! Brands
YUM
$41.6B
| $75.4M | 0.02% |
570,819
+1,366
| +0.2% | +$176K |
|
534
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$763M
| $75.2M | 0.02% |
1,783,502
-267,815
| -13% | -$11.1M |
|
|
IBTD
535
DELISTED
iShares iBonds Dec 2023 Term Treasury ETF
IBTD
| $75.1M | 0.02% |
3,026,975
+651,272
| +27% | +$16.1M |
|
536
Fastenal
FAST
$58.3B
| $75M | 0.02% |
2,779,362
-57,498
| -2% | -$1.47M |
|
537
Exponent
EXPO
$3.21B
| $74.9M | 0.02% |
751,641
+10,124
| +1% | +$1.03M |
|
538
iShares US Medical Devices ETF
IHI
$3.36B
| $74.9M | 0.02% |
1,387,144
+13,485
| +1% | +$718K |
|
539
iShares US Aerospace & Defense ETF
ITA
$14.6B
| $74.9M | 0.02% |
650,626
+114,655
| +21% | +$13M |
|
540
Agilent Technologies
A
$39.9B
| $74.6M | 0.02% |
539,549
+62,359
| +13% | +$9.12M |
|
541
Brookfield
BN
$108B
| $74.5M | 0.02% |
3,433,443
+168,055
| +5% | +$3.78M |
|
542
ARK Genomic Revolution ETF
ARKG
$1.63B
| $74.4M | 0.02% |
2,474,729
+201,263
| +9% | +$6.24M |
|
|
BSCN
543
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $74.1M | 0.02% |
3,512,826
-441,631
| -11% | -$9.29M |
|
544
Illumina
ILMN
$29.3B
| $73.8M | 0.02% |
326,226
+1,313
| +0.4% | +$269K |
|
545
PACCAR
PCAR
$69.5B
| $73.8M | 0.02% |
1,008,133
-5,522
| -0.5% | -$395K |
|
546
Huntington Bancshares
HBAN
$35.1B
| $73.8M | 0.02% |
6,587,599
-440,313
| -6% | -$6.13M |
|
547
LCI Industries
LCII
$2.57B
| $73M | 0.02% |
664,281
+107,022
| +19% | +$11.7M |
|
|
PCGU
548
DELISTED
PG&E Corporation
PCGU
| $73M | 0.02% |
512,670
-55,112
| -10% | -$7.67M |
|
549
First Trust Health Care AlphaDEX Fund
FXH
$1.05B
| $72.6M | 0.02% |
675,263
+34,981
| +5% | +$3.81M |
|
550
Centene
CNC
$31.7B
| $72.2M | 0.02% |
1,142,986
-82,815
| -7% | -$5.88M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.